Comments on: Squawkback: Is frugal living just a fad?

By: Alli

Alli — Wed, 03 Nov 2010 22:38:40 +0000

Whatever your denomination, the Noble Eightfold Path described in Buddha philosophy could keep many out of the situations they find themselves in and give a new perspective to many things most people already know. Broaden your mind, not your $$$/debt.

By: Alli

Alli — Wed, 03 Nov 2010 22:29:57 +0000

I just left China. The mellowness of the people I met was life changing. “Imitation is the greatest form of flattery”. The people I met save 50% of their income. Does this include pensions, medical care, housing, etc.? But when it comes down to what there is to spend for a period of time, cash is paid!!

By: s1mp13m4n

s1mp13m4n — Sun, 08 Aug 2010 02:41:12 +0000

If I am speaking for the general public then yes this is a fad. People seem to want things now, newer is better, they want convenience and are willing to pay for it. For me on the other had, I try and save and spend money wisely so for me it is not a fad. I see no need to go out and buy a Hybrid car when my 16 year old Ford runs just fine and gets over 30MPG.

By: Wifeish Money

Wifeish Money — Sun, 03 Jan 2010 20:53:27 +0000

Many will be frugal until they are no longer afraid of the big bad recession or losing their jobs. Just like some people diet until they can fit into those jeans and then gain it back later. Frugal living is a way of life that one must commit to just like quitting smoking or getting in shape.

By: Carla | Green and Chic

Carla | Green and Chic — Wed, 29 Jul 2009 05:12:10 +0000

Though I had my moments, I was never really loose with my wallet, so for me, my habits are here to stay. For the rest of the world, I am not sure. Hopefully people will realize that they can have a rich and fulfilling life without overspending and going into debt, be it credit cards or mortgages.

By: Marj M.

Marj M. — Mon, 27 Jul 2009 15:13:36 +0000

Frugality will always live in me, always has, always will. If anyone remembers, after Jesus fed the 5,000 he had his disciples gather what was left. Frugality lived long, long ago.

By: Links From Around The Web – July 26, 2009 | MoneyAndWealth

Links From Around The Web – July 26, 2009 | MoneyAndWealth — Sun, 26 Jul 2009 19:03:50 +0000

[...] SquawkFox debates whether frugal living is just a fad. [...]

By: Weekly Round-Up: Cows, Pigs & Chickens, Oh My! — Almost Frugal- a frugal blog

Sun, 26 Jul 2009 13:05:29 +0000

[...] Squawkback: Is frugal living just a fad? @ Squawkfox [...]

By: CindyS

CindyS — Sat, 25 Jul 2009 13:15:28 +0000

If we look at the folks who lived through the Great Depression, many, many of them developed not only a frugal lifestyle but a habit of saving that followed them all of their lives. I think that the people who have been hit the hardest by the economy at this point will continue to live a frugal lifestyle. The folks who it did not affect as much will continue on spending away. For myself, I have always tended toward frugality.

By: Posts of the Week - Consumerism Commentary, personal finance since 2003

Posts of the Week - Consumerism Commentary, personal finance since 2003 — Sat, 25 Jul 2009 13:02:24 +0000

[...] Is Frugal Living Just a Fad? The media has made much to-do over the idea that Americans are saving more and spending less due to the economic recession. Some out of necessity, but there is an implication that frugality is now more mainstream than it ever has been. I believe that’s an exaggeration. Perhaps we have been to the point where circumstances necessitate a change in consumerist behavior, but very few things in life are permanent. Entire generations have been identified by generalized adjectives such as “frugal;” current behavior is simply a reaction, not a permanent shift in behavior. [...]